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U.S. Bank is buying UMB trust business

The Minneapolis / St Paul Business Journal

U.S. Bancorp said Monday it is buying the Indiana corporate trust business of UMB Bank, which is a subsidiary of UMB Financial Corp. Terms of the transaction, which is expected to close on March 2, were not disclosed in a news release from Minneapolis-... »

U.S. Bancorp buys failed Tennessee bank

The Minneapolis / St Paul Business Journal

U.S. Bancorp has purchased a failed Tennessee bank's assets, deposits and branches in a regulator-brokered deal made public Friday. The Federal Deposit Insurance Corp. shut down Knoxville-based BankEast Friday evening. The BankEast Corp. subsidiary had... »

Whistleblower: Bank sends credit card to wrong person

Startribune.com

"That's how you end up with bank fraud," said the Minneapolis homeowner. U.S. Bank said it was a rare mistake, but a consumer watchdog called it not unusual, citing crimes related to identity theft. »

Beyond the bottom line: US Bank makes more, spends more

The Minneapolis / St Paul Business Journal

Minneapolis-based U.S. Bancorp on Wednesday reported a $4.87 billion profit for 2011, up about 47 percent from the prior year. Go beyond the bottom line, and there are some figures that I think are positive economic indicators. For instance, the parent... »

Wells Fargo, U.S. Bank, other big banks must show break-up plans under new rule

Business

WASHINGTON - The largest banks must show how they would break up their assets if they were in danger of failing, under a rule approved today. »

Latest Blog Posts in Detail

Whistleblower: Bank sends credit card to wrong person

Startribune.com

"That's how you end up with bank fraud," said the Minneapolis homeowner. U.S. Bank said it was a rare mistake, but a consumer watchdog called it not unusual, citing crimes related to identity theft. »

U.S. Bank buys $700 million credit portfolio from BofA

Startribune.com

Seller Bank of America is looking to raise money and wants out of the business of supporting cards issued by other institutions. »

Iowa preservationist joins Minnesota Historical Society | Political Agenda

MinnPost

Barbara Mitchell Howard, who's been deputy director of the Iowa State Historic Preservation Office, will be the Minnesota Historical Society's new head of the Historic Preservation, Field Services and Grants Department. She'll replace Britta Bloomberg,... »

How Goldman Sachs Profits from Building Obscenely Unnecessary NFL Stadiums

The Deets - Ed Kohler's Blog

Here is what happened this week in San Francisco, where a new stadium plan has been announced for the 49ers move away from Candlestick Park (or whatever they’re calling it these days): The funding deal was spelled out in a development contract that cap... »

Look We Love: Cold Weather Boots

Style Parlor

Who doesn’t love being swept of their feet by fashion? That is until fashion literally sweeps you off the ground--soaring heels and a patch of... »

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